3008 Red Oak RdOklahoma CityOK73120
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Oklahoma City at 3008 Red Oak Rd, Oklahoma City, OK, 73120 generates $3,906/mo in rent, after a $4,038/mo payment. Total monthly income is $3,906/mo. Return on cash invested sits at 14.04% in year one, and rental yield is 5.68% on a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 71.58% and total cumulative return in cash sums $194,289. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,906/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73120, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,050 (100%) |
| Owner Occupied HU | 9,138 (45.6%) |
| Renter Occupied HU | 8,625 (43.0%) |
| Vacant Housing Units | 2,287 (11.4%) |
| Median Home Value | $282,510 |
| Average Home Value | $370,797 |
Housing Distribution
Address Breakdown
Residential
19,393
Single Family
12,919
Multi-Family
6,474
Businesses
1,138
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Listed by: Gary Caplinger • Verbode
Mls Name: MLSOK/OKCMAR
Mls ID: #1183068